The Titan Platform is an industry-leading, multi-currency back office solution that handles all investment types, including private equity deals and digital currency. With Titan, you can drill down to tax lot level portfolio accounting data, track costs associated with specific deals, auto-accrue income, and more. We liaise with brokers to push their data to our FTP site so that daily trades are waiting to be reviewed and approved by your staff when they log in.

We don’t understand why private equity software and hedge fund software aren’t offered on one platform. While there are differences between the two, there are more similarities. Having two separate systems means higher costs, training staff on two systems, duplication of investor data, potentially asking for KYC information that has already been received, and less coverage available amongst staff. We offer private equity within our platform. And not as a separately-purchased or outsourced software – but as part of our truly integrated platform.

The Titan Platform enables our clients to be GDPR compliant by providing functionality such as the ability to “forget” all of an individual’s personal information at a certain point in time, and the ability to transfer an individual’s complete transaction and historical information at the touch of one (or two!) buttons.

The Titan Platform includes indicia checkers for investors based on their information. You can also override the indicia results with built-in controls around the process. The Titan Platform allows you to export your data into the appropriate XML file format at the touch of a button. (Okay, maybe two buttons.) These files are then ready to be uploaded to the appropriate tax information authority. We have completeness checks and error messages to help you compile the needed information during the year and have designed a user-friendly report in CSV format for review purposes.

The Titan Platform features a fully automated report distribution system that sends reports via email or ftp to investors and interested parties. It also includes a fully integrated portal for investors that can be white-labelled. The platform allows you to customize reports sent to investors as well as create batches of reports to be sent to managers.

One of the pain points we experienced with the systems we worked on in our fund administration days, and that we saw when researching other systems, was the lack of flexibility. “You get what you get” seemed to be how most systems were offered. When we designed Titan, we knew we would never be finished programming. Because the finance industry will never be finished evolving. So from the start, we structured the system in a way that allows us to 1) offer flexibility and 2) react to changes in the industry.
A good example of this is in reporting. We struggled with reporting when we were in the industry. We either took data from our systems and made up our own reports (we were all very proficient in mail merge back then!) or paid additional programmers or third-party companies to design these reports. We don’t think anyone should have to do that so have designed the Titan Platform to easily accommodate updates and changes to reports

We have done conversions from all the legacy systems and are familiar with their data set up and how to bring that data onto the Titan Platform. Our onboarding process also involves in-person training, which is usually done by one of our principals, as they like to be hands-on in terms of getting to know our clients. We will make your transition as seamless as possible.

We have a contract with one of the major pricing firms so that our clients no longer need to engage separately with a third party to obtain their security data/prices. If you want to continue using your current pricing service and they are set up to interface, that’s not a problem – we can pull in their prices as well.

Titan handles all investment structures within one platform. Instead of being built as a partnership system that makes adjustments to look like a series of shares systems, or vice versa, under the Titan Platform hood we account for these different set ups and their nuances according to their true legal structures. And not by using two different pieces of software together so that your staff have to learn different systems and so that you have two different databases with overlapping data. We handle partnerships, various equalization funds, mutual funds, companies, and series of shares. The differentiation between these structures is done by the platform, not by your staff and does not involve you having to pay additional fees for different programs. Titan tracks your contacts, calculates fees and allocates income to investors. This all-in-one solution eliminates data duplication and increases your productivity.

Titan is a full partnership accounting solution which allows you to properly track partners, allocate income, calculate fees and distribute K1s. Titan allows flexible fee structures, partner specific income/expense allocation, and class-based partnerships.

At its core, the Titan Platform is a multi-currency general ledger system. We allow you to pick a default chart of accounts and this applies to all your entities unless you specify otherwise. You can set up as many reporting “levels” within your chart of accounts as you need. We handle uneven journal entries in a variety of ways, meaning that you can also specify that certain income or expense accounts will only be allocated to certain classes, series or partners.

Titan includes a full compliance and KYC module, allowing you to track due diligence and KYC information on investors, funds, managers, transactions, etc. We have a flexible compliance template system that allows you to set up templates for various scenarios. Easy-to-read dashboards and customizable reports then make it easy for users to track the overall state of their company’s compliance. Templates can be attached at the contact level, fund level, fund account level, shareholder transaction level, or a combination of these.

We maintain our own AML Center which is a database of the major international sanction lists required for regulatory purposes in the major offshore finance jurisdictions. The Titan Platform fully integrates with our AML Center, checking names and details on a real-time basis, alerts you as to any potential matches, and lets you see the details. Any updates to relevant contact details – ie. additional investor names, changes to birthdates, changes to place of residence, prompts the Titan Platform to check again with the AML Center. Conversely, four times a day, we run the delta from the AML Center to your existing list. That way, you are always up to date (okay, maybe you will be behind by two hours or so!) in terms of KYCC. So there is no time wasted downloading a list and sending it off for matching, then analyzing the returned report to decide what you want more information on, and going back and forth asking for the rest of the information. Do you want to use this but also add your own lists or lists provided by your underlying clients? Not a problem, we can easily set that up for you. Do you want to continue to use your current AML checking? Not a problem. You don’t have to use our AML Center, though it is included at no extra charge.

Because of the way we architected the Titan Platform to be adaptable, we were easily able to add functionality to support digital currency including the asset class’s typical high volume. It used to be a big deal for a platform to be able to process 30,000 trades a day. The Titan Platform can easily process over millions of daily trades with no performance drag. We allow rounding to up to 45 decimal places, and reporting can be done in either a crypto or fiat currency. Multiple pricing sources and pricing points and 9 different tax lot relief methods can be accommodated.
The platform also allows users to treat cryptos as either currencies or securities – or to switch at a point in time from one treatment to another. We accommodate multi-currency share classes within a fund, including both fiat and crypto. We are also able to accommodate the latest pricing guidelines suggested by the SEC and can interface with major exchanges (including GDAX, Bittrex, Kraken and Poloniex) and can accommodate micro-second transfers between exchanges.

The Titan Platform has been designed by two ex-auditors who worked in fund administration for over a decade each so we’ve seen controls evolve over decades and from many different perspectives. For every mistake we encountered, we tried to build corresponding controls into the system. An example? Side letters that have investors being given a break on fees but only for a certain period of time. We have memories from our fund administration days, brainstorming how to ensure that our staff didn’t miss putting these investors back onto the standard fund fees. We came up with a diarized review system involving a spreadsheet. It wasn’t ideal but it was the best we could do, being limited by the technology that was supposed to be making us more efficient. So when we designed Titan, we made sure we built in functionality such that investors either at the fund series level or the partnership level, can be given a different management fee or incentive fee with users able to assign a start date and an end date.

AdvancedAIS offers the Titan Platform in a private cloud environment which ensures the security of your data, the scalability of your environment, and redundancy in the event of a failover. Our private cloud environment ensures that your firm has its core data properly protected in case of a disaster and to ensure your business continuity.